Mentioned:
Figure wants to stay on the leading edge of the technological breakthroughs in robotics. Which is exactly why they’re putting up billions for more access to GPUs.
What’s happening:
- Figure has entered into a new deal with Nscale to deploy up to 100,000 GPUs from the Nvidia (NASDAQ: NVDA) Vera Rubin platform to train future versions of their artificial intelligence model known as Helix
Why it matters:
- Figure's founder Brett Adcock has publicly stated that they plan to initially spend $3.5B USD on artificial intelligence cloud capacity and intend to increase their overall investment to $6B USD
Going deeper:
- Nscale is one of the largest private physical infrastructure companies for artificial intelligence in the world and is backed by strategic investors including Nvidia (NASDAQ: NVDA), Dell Technologies (NYSE: DELL), Citadel and Point72
- Figure’s artificial intelligence model Helix 02 previously notably demonstrated that a single neural network can control an entire humanoid robot through walking, balancing and carrying objects by connecting every single sensor in a humanoid robot body directly to its joints
The intrigue:
- Figure just recently made major waves when they unveiled their new mobile app known as Index which crowdsources first-person video footage of household and workplace tasks from paid contributors to accelerate the training of their humanoid robots
